The banking system is a major tracking system. The financial system can track each customer that have a saving and checking account by providing each customer with a debit card. The debit card is designed to log-in and keep track of every purchase the customer makes daily.
The system can be used to track the purchases you make anywhere. The system tracks the time and location of each transaction. If the customer is ever in trouble with the law, or someone is trying to locate you, the information can be used to determine your location.
If you have child support, and you are behind on monthly payments - your account can be levied by the state. In addition, if you are trying to hide - this is another way to find what county or state you are living.
Another key point - if you close your bank account and don't cancel the debit card - someone can use your card and reopen your bank account. Remember, if you close your bank account always request that the debit card be closed or cancel. You must tell the bank representative to take this action specifically or your account can be reopened by a merchant you've done business with in the past. Bank customers beware - don't believe this to be true - ask your friendly banker - they may tell you the truth. Subscribe to our newsletter service.
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